Orocobre predicts sharp fall in lithium prices in Q3

By William Clarke
Published: Friday, 23 August 2019

Australia-based lithium miner Orocobre has secured funding for a planned expansion at its site in Argentina, despite forecasting a drop in lithium prices over the current quarter.

Lithium miner Orocobre has forecast a sharp drop in lithium prices, with global trade wars and a shift in China’s policy on electric vehicles weighing on demand for the material.

Orocobre expects average sales prices for lithium carbonate to be about $7,250 per tonne for the three months ending...

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